case study

EvenUp

N49P’s strategic support and connections enabled EvenUp’s growth resulting in monetizing half the position at 39.3x with the other half marked up 62.1x. N49P was the first institutional investor in December 2019.

Problem Solved

EvenUp leverages machine learning to optimize litigation case valuation, reducing errors and improving efficiency.

why n49p

Rami Karabibar, co-founder and TechTO member, approached N49P for their expertise in scaling legal tech startups. Rian Gauvreau, co-founder of Clio and an LP in N49P, also provided advisory support to EvenUp.

strategic support

Through the TechTO platform, N49P helped EvenUp build its teams in Montreal and Toronto. N49P also connected EvenUp with Rian Gauvreau, who invested directly and provided strategic advice.

outcome

EvenUp has achieved significant milestones, demonstrating the value of N49P’s strategic guidance and hands-on support.